The Swiss Funds Association says the solution reached by the Swiss parliament over the partial revision of the Federal Act on Collective Investment Schemes (CISA) is a balanced compromise between investor protection, market access and competitiveness. Acting as second chamber, the National Council dealt with the partial revision of the
French firm Groupe Ludendo, backed by private equity firm NiXEN Partners, has acquired iconic British toy retailer Hamleys in a deal thought to be worth GBP60m. Groupe Ludendo, which currently operates 300 toy stores in France, Belgium, Switzerland and Spain, will be moving into new markets adding 22 Hamleys stores
Duolingo, the free language learning service which translates websites, has raised a USD15m series B round led by New Enterprise Associates (NEA), with participation from existing investor Union Square Ventures. Helmed by computer scientist and crowd-sourcing pioneer Luis von Ahn, the company will use the funds to accelerate international growth
Damballa has closed USD15m in growth funding to help accelerate sales and distribution through channels to meet the rising market demand for the Damballa advanced threat protection solutions. Adams Street Partners is leading this funding round and is joined by existing investors, who added to their equity stake in the
Alternative asset manager The Carlyle Group has named Robert Mancini a managing director and co-head of the Infrastructure Fund, joining founding co-head Robert Dove. Mancini is currently a managing director at The Goldman Sachs Group with responsibility for power asset investments made through Cogentrix Energy, an independent power producer and
HIG Capital’s Brazilian affiliate has completed the acquisition of Cel Lep Idiomas, a premium English Language Teaching (ELT) network in Brazil. Headquartered in São Paulo, Brazil, and operating primarily under the Cel Lep brand name, the company operates through 17 owned schools in São Paulo and through four other licensed
Fourth, a SaaS provider of labour, payroll, inventory and procurement systems for the restaurant/bar, hotel, contract catering and leisure markets, has acquired Adaco, a supplier of SaaS based purchasing and inventory control solutions to the hotel sector in the US and throughout the world. With over 400 customers in 54
Ogier London, in its role as long term BVI legal adviser to Touchstone Gold, has assisted with Touchstone’s acquisition of Atlantis Gold Mines. The new business combination has resulted in the creation of a Colombia focused gold exploration and development company. Ogier London acted for Touchstone on its 2011
HIG Europe, the European arm of private equity firm HIG Capital, has completed the acquisitions of ARMetallizing, a Belgium based manufacturer of metallized paper, from Ackermans & van Haaren and Vacumet Paper, a Massachusetts based manufacturer of metallized paper, from Scholle. The combined group aims to be the global market
Alternative asset manager The Carlyle Group has acquired 60 per cent of Tok&Stok, Brazil’s largest specialty furniture retailer by sales, from founders Ghislaine and Régis Dubrule. Dubrule will remain chief executive of Tok&Stok following the transaction and the founders will retain a 40 per cent stake in the company. Equity
12 November, 2026 – 5:00 pm
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